Price for Cattle; Live, Pure-Bred Breeding Animals in Canada - 2023
Contents:
- Price for Cattle; Live, Pure-Bred Breeding Animals in Canada (CIF) - 2023
- Price for Cattle; Live, Pure-Bred Breeding Animals in Canada (FOB) - 2022
- Imports of Cattle; Live, Pure-Bred Breeding Animals in Canada
- Exports of Cattle; Live, Pure-Bred Breeding Animals in Canada
Price for Cattle; Live, Pure-Bred Breeding Animals in Canada (CIF) - 2023
The average import price for cattle; live, pure-bred breeding animalses stood at $1,828 per unit in September 2023, reducing by -26.8% against the previous month. In general, import price indicated a moderate expansion from September 2022 to September 2023: its price increased at an average monthly rate of +2.4% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, cattle; live, pure-bred breeding animals import price increased by +17.0% against June 2023 indices. The most prominent rate of growth was recorded in January 2023 an increase of 65% m-o-m. Over the period under review, average import prices attained the peak figure at $2,497 per unit in August 2023, and then declined notably in the following month.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From September 2022 to September 2023, the rate of growth in terms of prices for the United States amounted to +2.4% per month.
Price for Cattle; Live, Pure-Bred Breeding Animals in Canada (FOB) - 2022
In 2022, the average export price for cattle; live, pure-bred breeding animalses amounted to $1,824 per unit, jumping by 16% against the previous year. In general, the export price, however, continues to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2019 when the average export price increased by 27% against the previous year. The export price peaked at $2,926 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for Kazakhstan amounted to +17.1% per year.
Imports of Cattle; Live, Pure-Bred Breeding Animals in Canada
In 2022, imports of cattle; live, pure-bred breeding animalses into Canada dropped to 16K units, waning by -2.4% against the previous year's figure. Overall, imports, however, saw a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 279%. As a result, imports reached the peak of 16K units, and then contracted slightly in the following year.
In value terms, cattle; live, pure-bred breeding animals imports dropped slightly to $18M in 2022. Over the period under review, imports, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2021 when imports increased by 120% against the previous year. As a result, imports attained the peak of $19M, and then contracted modestly in the following year.
| Import of Cattle; Live, Pure-Bred Breeding Animals in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 10.8 | 8.6 | 18.9 | 18.1 | 18.8% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 10.8 | 8.6 | 18.9 | 18.1 | 18.8% |
Top Suppliers of Cattle; Live, Pure-Bred Breeding Animals to Canada in 2022:
- United States (15.5K units)
Exports of Cattle; Live, Pure-Bred Breeding Animals in Canada
In 2022, the amount of cattle; live, pure-bred breeding animalses exported from Canada skyrocketed to 7.6K units, rising by 105% against the previous year. Overall, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, cattle; live, pure-bred breeding animals exports skyrocketed to $14M in 2022. Over the period under review, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Cattle; Live, Pure-Bred Breeding Animals in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3.9 | 4.3 | 5.5 | 13.2 | 50.1% |
| Others | 1.1 | 0.3 | 0.3 | 0.7 | -14.0% |
| Total | 4.9 | 4.6 | 5.8 | 13.9 | 41.6% |
Top Export Markets for Cattle; Live, Pure-Bred Breeding Animals from Canada in 2022:
- United States (7.5K units)
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